Fyle Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 159

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $8.57M

  • Investors
  • 15

Fyle General Information

Description

Developer of an expense management platform designed to solve the problem of business expense reporting and management. The company's platform uses machine learning-powered data extraction technology which can automatically identify and reproduce data from any kind of receipt with a single click, enabling businesses to automatically check every transaction with company policy across the entire database to ensure there is no fraud or duplicates.

Contact Information

Website
www.fylehq.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 550, 1th Cross, 2nd Main MICO Layout
  • BTM 2nd Stage
  • Bangalore, Karnataka 560076
  • India
Primary Industry
Business/Productivity Software
Other Industries
Financial Software
Vertical(s)
Big Data, Artificial Intelligence & Machine Learning, FinTech, Mobile
Corporate Office
  • 550, 1th Cross, 2nd Main MICO Layout
  • BTM 2nd Stage
  • Bangalore, Karnataka 560076
  • India

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Fyle Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Early Stage VC (Series A) 03-Oct-2019 $8.57M Completed Generating Revenue
4. Early Stage VC 20-Apr-2018 Completed Generating Revenue
3. Accelerator/Incubator 01-Jan-2018 Completed Generating Revenue
2. Early Stage VC 14-Feb-2017 $400K $793K Completed Generating Revenue
1. Early Stage VC 22-Jul-2016 $393K $393K Completed Startup
To view Fyle’s complete valuation and funding history, request access »

Fyle Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Preference
Preference
Preference 323 $623.16 $623.16 1x $623.16 1.32%
Preference 3,768 $347.06 $347.06 1x $347.06 15.42%
To view Fyle’s complete cap table history, request access »

Fyle Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an expense management platform designed to solve the problem of business expense reporting and management.
Business/Productivity Software
Bangalore, India
159 As of 2024

Los Angeles, CA
 

Bangalore, India
 
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Fyle Competitors (44)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Emburse Chrome River Private Equity-Backed Los Angeles, CA
Happay Formerly VC-backed Bangalore, India
Emburse Private Equity-Backed Los Angeles, CA
Callidus Software Formerly VC-backed Dublin, CA
Ivalua Private Equity-Backed Redwood City, CA
You’re viewing 5 of 44 competitors. Get the full list »

Fyle Executive Team (4)

Name Title Board Seat
Yashwanth Madhusudan Co-Founder, Chief Executive Officer & Board Member
Sivaramakrishnan Narayanan Ph.D Co-Founder, Chief Technology Officer & Board Member
Saurav Tulsyan Finance Controller & Senior Finance Manager
You’re viewing 3 of 4 executive team members. Get the full list »

Fyle Board Members (3)

Name Representing Role Since
Rohit Jain Pravega Ventures Board Member
Sivaramakrishnan Narayanan Ph.D Fyle Co-Founder, Chief Technology Officer & Board Member
Yashwanth Madhusudan Fyle Co-Founder, Chief Executive Officer & Board Member
To view Fyle’s complete board members history, request access »

Fyle Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Fyle Investors (15)

Investor Name Investor Type Holding Investor Since Participating Rounds
ABG Capital Venture Capital Minority
Sravish Sridhar Angel (individual) Minority
Steadview Capital Management Hedge Fund Minority
Tiger Global Management Venture Capital Minority
Bharati Balakrishnan Angel (individual) Minority
You’re viewing 5 of 15 investors. Get the full list »

Fyle FAQs

  • When was Fyle founded?

    Fyle was founded in 2016.

  • Who is the founder of Fyle?

    Yashwanth Madhusudan and Sivaramakrishnan Narayanan Ph.D are the founders of Fyle.

  • Who is the CEO of Fyle?

    Yashwanth Madhusudan is the CEO of Fyle.

  • Where is Fyle headquartered?

    Fyle is headquartered in Bangalore, India.

  • What is the size of Fyle?

    Fyle has 159 total employees.

  • What industry is Fyle in?

    Fyle’s primary industry is Business/Productivity Software.

  • Is Fyle a private or public company?

    Fyle is a Private company.

  • What is the current valuation of Fyle?

    The current valuation of Fyle is .

  • What is Fyle’s current revenue?

    The current revenue for Fyle is .

  • How much funding has Fyle raised over time?

    Fyle has raised $10.9M.

  • Who are Fyle’s investors?

    ABG Capital, Sravish Sridhar, Steadview Capital Management, Tiger Global Management, and Bharati Balakrishnan are 5 of 15 investors who have invested in Fyle.

  • Who are Fyle’s competitors?

    Emburse Chrome River, Happay, Emburse, Callidus Software, and Ivalua are some of the 44 competitors of Fyle.

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